(TCO D) The Ackert Companys last dividend was $1.55. Thedividend growth rate is

(TCO D) The Ackert Companys last dividend was $1.55. Thedividend growth rate is expected to be constant at 1.5% for 2years after which dividends are expected to grow at a rate of 8.0%forever. The firms required return (rs) is12.0%. What is the best estimate of the current stock price?